U.S. Supreme Court,
Labor/Employment
Jul. 14, 2021
High court case will provide guidance to ERISA fiduciaries
The U.S. Supreme Court recently granted certiorari in a case in which plaintiff members of two ERISA pension plans claimed that the plans and trustees breached their fiduciary duty of prudence with respect to some of the investment options provided to plan participants.





The U.S. Supreme Court recently granted certiorari in Hughes v. Northwestern University, 19-1401, in which plaintiff members of two ERISA pension plans claimed that the plans and trustees breached their fiduciary duty of prudence with respect to some of the investment options provided to plan participants. The court's decision should provide additional guidance to ERISA fiduciaries with respect how to administer a pension plan prudently. <...
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